1st October 2014, 11:24 AM
I'm a little confused here. Were you working solely as advisor to one potential buyer? If so, your only obligation is to that buyer, giving her the best-quality advice that you can. Isn't any sales decision by the seller purely a question of who offered him the most cash? If so, then the "fault" (if it can be called such) is entirely with your client, if she didn't offer enough money for the land and was gazumped by higher bidders. If she asked you for professional advice, weighed it up, and offered what she thought was reasonable, then she cannot blame you - surely?
Naturally, if any of these facts are incorrect...
Naturally, if any of these facts are incorrect...